The Fed’s heightened rates are still way below historic levels - Marketplace

Trevon Logan, professor of economics at The Ohio State University, says we're looking at a "new normal" for the federal funds rate.

The Federal Reserve hiked rates by 75 basis points last week to curb inflation, the highest single increase since November 1994. While that may seem like a big boost, the overall target range is stil… [+3399 chars]

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